Bloomington Restorations Inc (EIN 310894146) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

Steve Wyatt

Phone

8123360909

Tax Period

2023-01-01 to 2023-12-31

Bloomington Restorations Inc, founded in 1976, is a small nonprofit that reported $112K in total revenue in fiscal year 2023. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $130K exceeded revenue, resulting in a 16% operating deficit.

Mission

The Organization works to save, restore and preserve historic buildings in Monroe County, Indiana.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $31,527

Program Service Revenue $0

Investment Income $8,135

Other Revenue $72,570

TOTAL REVENUE $112,232

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,386

Fundraising Expenses $2,927

Program Expenses $44,482

Other Expenses $110,889

TOTAL EXPENSES $130,275

Year-over-Year Comparison

	2023	2022	Change
Revenue	$112,232	$288,763	-0.6%
Expenses	$130,275	$285,467	-0.5%
Net Income	$-18,043	$3,296	-6.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$17,500

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Wyatt	Executive Director	025.00	Key Emp Highest	$17,500	$0	$17,500
Ernesto Castaneda	Board director	002.00	Director	$0	$0	$0
LeAnn Luce	Board director	002.00	Director	$0	$0	$0
Devin Blankenship	Vice-President	002.00	Officer Director	$0	$0	$0
Olivia Dorfman	Board director	002.00	Director	$0	$0	$0
Karen Duffy	Board director	002.00	Director	$0	$0	$0
Mark Case	Board Director	002.00	Director	$0	$0	$0
Elizabeth Cox-Ash	Treasurer	002.00	Officer	$0	$0	$0
Pete Kinne	President	002.00	Officer	$0	$0	$0
Jan Sorby	Secretary	002.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$112,232	$130,275	$1,897,959	$-18,043
2022	$288,763	$285,467	$1,923,017	$3,296
2021	$87,847	$74,054	$1,920,820	$13,793
2020	$76,651	$92,719	$1,913,055	$-16,068
2019	$133,527	$94,913	$1,924,364	$38,614
2018	$138,535	$88,871	$1,883,298	$49,664

Bloomington Restorations Inc